NZDUSD Analysis The NZD/USD pair continues to post strong gains and reaches key resistance at 0.5780. The pair rebounded from recent lows and continued to climb above key moving averages. However, the price action has formed a rising wedge pattern,...
ANALYSIS CHARTER GBP /USD Hello. The GBP/USD pair is flat in the range of 1.2635-12568, today reaching the level of 1.2618, and with a bullish TF M15, there is a chance to continue growth to the break zone of the bearish TF H1-(1.2626-1.2657), with...
The spotlight remains on the upcoming U.S. Consumer Price Index (CPI) release, set to influence market sentiment on Wednesday. Following a softer-than-expected Producer Price Index (PPI) print, investors are anticipating a potential slowdown in both...
USDCHF Daily Time Chart Analysis The USDCHF pair is under pressure after three consecutive bullish sessions and is facing a strong resistance near the 50-day simple moving average. The pair remains below the uptrend channel and technical indicators...
Crude Oil Technical and Fundamental Analysis Technical Analysis: I have chosen the 1-hour chart to analyze the price action of Crude Oil. Several indicators were used in this analysis, which I will explain in detail before discussing the market...
